Trump's Middle East Deal Is Good. But Not That Good.

Past Nobel laureates who have been honored for advancing peace in the Middle East — Yasir Arafat, Yitzhak Rabin, Shimon Peres, Anwar el-Sadat, Menachem Begin — have not been saints. But their actions required courageously overcoming deep hatreds and ending painful hostilities, for which two of the laureates, Mr. Sadat, then the Egyptian president, and Mr. Rabin, then prime minister of Israel, paid with their lives. By contrast, Israel, Bahrain and the United Arab Emirates have never been in conflict, and the normalization of their ties carried few risks for any of them, while heaping considerable political benefits on Mr. Trump and Mr. Netanyahu.